SECURING new contracts has resulted in Manheim subsidiary Portfolio Europe opening new offices in Belgium, France and Spain.

The company, which provides in-showroom and online used vehicle marketing solutions, including professional vehicle photography, for manufacturers and retail dealers, has also announced plans to push into new markets in mainland Europe.

It has made a number of appointments as part of its growth plans, including Guy Thomas and Drew Tyrrell at director level.

Initially, the new appointments will focus on looking at the type of pan-European remarketing services it can offer leasing companies and manufacturers.